Last year, Trimet recorded earnings of Euros 32.6m and claims that its current depressed situation is down to the loss of electricity contracts following Japan's Fukushima disaster in 2011.

However, recent business improvements in the fields of automotive and recycling will see a return to form next year, claims Trimet.

The company generated revenues of Euros 1.3 billion for the period, down from the previous year due to falling aluminium prices.